Latitude

Latitude
Description: Latitude is a French NewSpace company developing Zephyr, a micro-launch vehicle designed for responsive and cost-effective access to low Earth orbit. The company focuses on vertical integration, 3D printing propulsion systems, and serving the growing demand for dedicated small satellite launches in Europe.

Vision:
To become a leading provider of tailored launch services, enabling the growth and success of the small satellite industry.

Mission:
To provide small satellite operators with dedicated, reliable, and timely access to space through innovative micro-launcher solutions.

Contact:

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Investors:

Funding:
  • Pre-Seed Funding: Dec 10, 2020, €0.75 million
  • Pre-Seed Funding: May 25, 2021, €0.1 million
  • Pre-Seed Funding: Jun 29, 2022, €10 million
  • Pre-Seed Funding: Jan 22, 2024, €27 million
  • Pre-Seed Funding: Jul 15, 2024, € million

Total Funding: €37.85 million

Key Milestones:
  • October 2021: Inaugurated a micro-launcher factory in Reims, France, to enhance production capabilities.
  • June 2022: Closed a €10 million Series A funding round to advance the development of the Zephyr micro-launcher.
  • 2023 : Navier engine ground-tested; Zephyr vehicle mockup revealed
  • January 2024: Raised $30 million to scale up rocket production and operations.
  • January 2024: Raised $30 million to scale up rocket production and operations.
  • 2025: First Zephyr flight planned from SaxaVord Spaceport
Sector:

Products & Services:
  • Zephyr Micro-Launcher: A 17-meter-tall two-stage rocket designed to deliver payloads of up to 100 kg to low Earth orbit (LEO). Zephyr is engineered for rapid manufacturing and testing cycles, with a focus on reliability and cost-effectiveness.
  • Astreos: A subsidiary of Latitude that offers comprehensive services related to satellite launches, including insurance, logistics, and legal support, providing a seamless experience for clients.
  • Dedicated Launch Services:: Customized rides for microsats, cubesats, and in-orbit logistics platforms.
  • Vertical Integration & R&D: In-house engine, avionics, and manufacturing, including additive propulsion systems. TRL: 6 (Navier engine qualified; vehicle integration underway)
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